Zacks upgrades Fox Corporation stock to strong buy rating
Published on 10/08/2026 at 13:45 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS
Fox Corporation stock is at EUR 55.69 at Lang & Schwarz on October 8, 2026, down 0.55 percent versus the prior close of EUR 56.00. MarketBeat reported on October 8, 2026 that Zacks Research upgraded the stock from hold to strong buy in a report issued October 6, 2026.
Three events shape the setup
On August 6, 2026, Fox reported fourth-quarter fiscal 2026 revenue of USD 4.21 billion, up 28.00 percent year over year, while adjusted earnings per share rose 41.00 percent to USD 1.79, according to ScanX News.
On October 6, 2026, Fox disclosed a USD 30.00 million advisory fee for Morgan Stanley in connection with the proposed Roku transaction, with USD 25.00 million contingent on closing, according to StockTitan.
On October 8, 2026, the Zacks upgrade added a fresh rating change to that transaction backdrop. The quantified operating comparison remains the fiscal 2026 revenue increase, while net income fell to USD 1.73 billion from USD 2.29 billion in fiscal 2025.
What does the Roku vote mean for Fox?
The proposed Roku combination remains subject to shareholder approval, making the USD 25.00 million contingent advisory fee a concrete marker of execution risk rather than completed deal value. StockTitan states that Fox and Roku shareholders are scheduled to vote on October 14, 2026.
Fox enters the vote with a mixed earnings profile: fourth-quarter revenue expanded 28.00 percent, adjusted earnings per share increased 41.00 percent, and full-year net income decreased 24.67 percent from fiscal 2025. That split makes the market response to the Roku strategy important because growth in advertising and streaming is being measured against lower reported profit.
Two dates define the next steps
The next scheduled corporate date is the October 14, 2026 shareholder vote on the proposed Roku transaction, as reported by StockTitan. The next earnings report is expected on October 29, 2026, according to Investing.com.
Fox stock holds below the prior close
Fox Corporation stock was trading at EUR 55.69 at Lang & Schwarz on October 8, 2026 at 1:39 p.m. CEST, down 0.55 percent versus the Lang & Schwarz prior close of EUR 56.00 on October 7, 2026. The Nasdaq-listed Class A shares use ticker FOXA, while the Nasdaq-listed Class B shares use ticker FOX, and Fox Corporation reported a market capitalization of USD 23.50 billion on October 8, 2026. The 52-week Nasdaq range was USD 44.08 to USD 68.18 on October 8, 2026. The further course of trading is shown by the continuously updated real-time quote of Fox Corporation stock.
Fox Corporation stock facts
- Company: Fox Corporation
- ISIN: US35137L1052
- Ticker: FOXA
- Primary exchange: Nasdaq Global Select Market
- Price Lang & Schwarz as of October 8, 2026, 1:39 p.m. CEST: EUR 55.69
- Change versus prior close: minus 0.55 percent
- Prior close Lang & Schwarz October 7, 2026: EUR 56.00
- Market capitalization: USD 23.50 billion as of October 8, 2026
- 52-week range: USD 44.08-68.18 as of October 8, 2026
- Sector / Industry: Communication Services / Entertainment
- Index membership: S&P 500
- Next earnings date: October 29, 2026
Market context: Market report S&P 500.
